Multi Timeframe ADX and DI w/ AlertsThis script is based off the public DMI code and used to get a quick visual of trend and direction across 3 different timeframes. Alert conditions have been setup for trend changes to bull/bear for all 3 timeframes. This script is meant to pull together the concepts of multi-time frame indicators, custom functions, and custom alert conditions.
The primary instructions for this script was to find a version of the ADX Indicator and give it the same treatment as we did with the Heiken Ashi demo (displaying green/red/gray circles to indicate trend and direction) over a configurable time frame. Display a matrix of each timeframe and the corresponding directional color (green=bull, red=bear, gray=non-trending). Have it produce an alert when the state of indicator changes to either bull or bear.
Wyszukaj w skryptach "bear"
Commercial Movement Index-BuschiEnglish
Inspired by the book "The Commitments of Traders Bible" by Stephen Briese, this indicator is a follow-up of my already published "Commercial Index-Buschi".
Here, the Commercial Index isn't shown in values from 0 to 100, but in how far the value changed from a given timeframe (default Movement Reference: 6 weeks). Therefore it ranges from 100 (bullish move from the Commercials during the last weeks) to -100 (bearish move).
Deutsch
Inspiriert durch das Buch "The Commitments of Traders Bible" by Stephen Briese, ist dieser Indikator eine Weiterentwicklung meines bereits veröffentlichten Skriptes "Commercial Index-Buschi".
Hier wird der Commercial Index nicht in Werten von 0 bis 100 angezeigt, sondern in wieweit er sich innerhalb eines vorgegebenen Zeitfensters (Standard: Movement Reference: 6 Wochen) verändert hat. Daher schwankt er zwischen 100 (bullishe Bewegung der Commercials innerhalb der letzten Wochen) und -100 (bearishe Bewegung).
How To Use Dynamic ZonesExample of how to apply and use Dynamic Zones with an indicator by injecting it's source into my adaptation of the original idea by Leo Zamansky, Ph.D., and David Stendahl.
• Load your desired oscillating indicator on your chart (CCI, RSI, etc).
• Load my "How To Use Dynamic Zones" indicator on your chart.
• In the "How To Use Dynamic Zones" indicator settings choose your desired oscillating indicator as the Oscillator Source.
You will now have dynamic overbought and oversold levels. I have also included alerts which may be used to indicate when these conditions occur.
If desired you may repeat the above process by loading additional indicators along with additional copies of my indicator to use with each oscillator.
Oscillator Source: CLOSE uses your chosen indicator as a source or you may use price as a source
Sample Length: 70 uses number of previous values for evaluating
Hi is Above X% of Sample: 88 sets overbought zone
Lo is Below X% of Sample: 88 sets oversold zone
The simplest explanation of what these default settings are doing is that they take 70 previous values of your chosen indicator, then create an overbought level that is above 88% of those previous values and an oversold level that is below 88% of those previous values. As new bars form the levels are dynamically reevaluated and updated.
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"This investing style follows a very simple form of logic: Enter the market only when an oscillator has moved far above or below traditional trading levels. However, these oscillator driven systems lack the ability to evolve with the market because they use fixed buy and sell zones. Traders typically use one set of buy and sell zones for a bull market and substantially different zones for a bear market. And therein lies the problem.
Once traders begin introducing their market opinions into trading equations, by changing the zones, they negate the system’s mechanical nature. The objective is to have a system automatically define its own buy and sell zones and thereby profitably trade in any market — bull or bear. Dynamic zones offer a solution to the problem of fixed buy and sell zones for any oscillator-driven system."
Reference: Stocks & Commodities V15:7 (306-310): Dynamic Zones by Leo Zamansky, Ph.D., and David Stendahl
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NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
10/5 Weekly/Daily EMAs with ConfirmationsPlots Daily and Weekly 10 & 5 EMAs (but fully customizable to your own).
In addition to plotting the EMAs it color coordinates trend bias and has cross confirmation signals.
Philosophy and how to read:
I use this indicator when trading strictly on the daily timeframe. I have not tested it on other timeframes.
In my trade system I start with both the monthly and weekly charts to define overall bias.
Here’s the general rule of thumb.
10 EMA is direction (bias) and 5 EMA is price.
If 5EMA is below 10EMA there is a bear bias. If 5EMA is above 10EMA there is a bull bias.
This indicator will plot both the daily and weekly 10 & 5 EMAs.
It will also color code the background based on how these EMAs relate to each other.
Light red typically is just the daily is confirmed bear (typically because it could be either or)
Dark red, both daily and weekly in confirmed bear.
Light green, typically just daily is confirmed bull (typically because it could be either or)
Dark green, both daily and weekly in confirmed bull.
In addition to background highlight there is confirmation crosses.
The daily confirmation cross is default yellow triangle.
Down triangle is 5 crossing the 10 downward.
Up triangle is the 5 crossing the 10 upward.
The weekly confirmation is the same only is aqua color.
Generally, on a color change you want to see one or both confirmation in the direction of the bias change.
If you only want to plot the daily bias in the options unclick the setting: Include Weekly Background Plotting. Unclicking this will remove the background coloring for the weekly bias. This might be helpful if you only want to see the strength of what the weekly timeframe is telling you.
Also, I’m primarily a trend trader but I also do have a reversal system I trade with lower R:R parameters.
A good reversal confirmation signal I’ve noticed is the instrument that you are trading should go through a cycle of light color to dark color.
You could also create alerts with this indicator based on just signals. When the signal fires the value will be 1.
Future Updates:
I want to find some way to correlate the distance between these EMAs to enhance the signal. Also to include a velocity component. Plus a few more things.
If you like this indicator please like and leave a comment down below.
Total Power IndicatorHello traders!
This indicator was originally developed by Daniel Fernandez (Currency Trader magazine, 2011).
It is based on the two well-known indicators by Dr. Alexander Elder - Bulls Power and Bears Power.
Signals
1) Long when Bull and Total lines indicate 100 (it happens rarely)
2) Short when Bear and Total lines indicate 100 (it happens rarely)
3) Bull and Bear lines crossovers
4) Long when Bull line crosses Total line from below
5) Short when Bear line crosses Total line from below
6) Long/Short when Bull/Bear lines cross adjustable level.
Like and follow for more open source indicators!
Happy Trading!
Volume Strength Candles / Colored BarsIs Price Action Higher or Lower on STRONG or WEAK VOLUME from lookback
(Strong or Weak Bulls // Strong or Weak Bears)
Candles / Bars Indicate the Following (default 13 period lookback / Length)
MAROON Bear Candle with STRONG VOLUME more than 150% of the lookback / length (13 default), STRONG Bear Candle Confirmed With Volume
RED Bear Candle while VOLUME is BETWEEN 50% & 150% of the Lookback / Length (13 default), Neutral Bear Volume Neither strong or weak
ORANGE Bear Candle with WEAK VOLUME (Less than 50% of the Length / Lookback)
DARK GREEN Bull Candle with STRONG VOLUME MORE than 150% of lookback
GREEN Bull Candle with Neutral VOLUME BETWEEN 50% & 150% of the lookback / Length
AQUA Bull Candle with WEAK VOLUME less than 50% of the Lookback
Is price confirmed by volume?
Can Change the Lookback / Length from 13
Can Change the Colors and Transparency to easily see based off your chart background colors I recommend ZERO Transparency to easily identify volume strength (i use white background but many use black or other)
Two Bar Break Line Alerts R1.0 by JustUncleLThis indicator with default settings is designed for BINARY OPTIONS trading. The indicator can also be used for Forex trading with some setting changes. The script shows Two Bar Pullback Break lines and alerts when those Break lines are Touched (broken) creating a short term momentum entry condition.
For a Bullish Break (Green Up Arrow) to occur: first must have two (or three) consecutive bear (red) candles which is followed by a bull (green) candle creating a pivot point. The breakout occurs then the High of the current Bull (green) exceeds the highest point of the previous two (or three) pivotal bear candles. The green channel Line shows where the current Bullish BreakOut occurs.
For a Bearish Break (Red Down Arrow) to occur: first must have two (or three) consecutive bull (green) candles which is followed by a bear (red) candle creating a pivot point. The breakout occurs when the Low of the current Bear (red) drops below the lowest point of the previous two (or three) pivotal Bull candles. The red channel Line shows where the current Bearish BreakOut occurs.
The break Line Arrows can optionally be filtered by the Coloured MA (enabled by default), a longer term directional MA (disabled by default) and/or a MACD condition (enabled by default) as a momentum filter.
You can optionally select three Bar break lines instead of two. The three bar break lines are actually equivalent to Guppy's Three Bar Count Back Line method for trade entries (see Guppy's video reference below).
Included in this indicator is an ability to display some basic Binary Option statistics, when enabled (enabled by default) it shows Successful Bars in Yellow and failed Bars in Black and the last Nine numbers on the script title line represent the Binary option Statistics in order:
%ITM rate
Total orders
Successful Orders
Failed Orders
Total candles tested
Candles per Day
Trades per Day
Max Consecutive Wins
Max Consecutive Losses
You can start the Binary Option statistics from a specific Date, which is handy for checking more recent history.
HINTS:
BINARY OPTIONS trading: use 5min, 15m, 1hr or even Daily charts. Trade after the price touches one of the Breakout lines and the Arrow first appears. Wait for the price to come back from Break Line by 1 or 2 pips, the alert arrow must stay on and candle change to black, then take Binary trade expiry End of Candle. If price pull back and arrow turns off, don't trade this candle, move on you probably don't have momentum, there will be plenty of other trigger events. The backtesting results are good with ITM rates 65% to 72% on many currency pairs, commodities and indices. Realtime trading has confirmed the backtesting results and they could even be bettered, provided you are selective on which signals to trade (strong MACD support etc), that you are patient and disciplined to this trading method.
FOREX trading: the default settings should work with scalping. For longer term trades try with settings change to a more standard MACD filter or slower to catch the longer term momentum swings and the idea would be to trade the first Break Line alert that occurs after a decent Pullback in the direction of the trend. Setting the SL to just above/below the Pivot High/Low and set target to two or three times SL.
References:
"Fundamentals of Price Action Trading for Forex, Stocks, Options and Futures" video:
www.youtube.com
Other videos by "basecamptrading" on Naked Trading.
"Taking Profits in Today's Market by Daryl Guppy" video:
www.youtube.com
NG [Simple Harmonic Oscillator]The SHO is a bounded oscillator for the simple harmonic index that calculates the period of the market’s cycle.
The oscillator is used for short and intermediate terms and moves within a range of -100 to 100 percent.
The SHO has overbought and oversold levels at +40 and -40, respectively.
At extreme periods, the oscillator may reach the levels of +60 and -60.
The zero level demonstrates an equilibrium between the periods of bulls and bears.
The SHO oscillates between +40 and -40.
The crossover at those levels creates buy and sell signals.
In an uptrend, the SHO fluctuates between 0 and +40 where the bulls are controlling the market.
On the contrary, the SHO fluctuates between 0 and -40 during downtrends where the bears controlthe market.
Reaching the extreme level -60 in an uptrend is a sign of weakness.
Force Index with Buy on Dip strategyThis charts has 2 indicators
1 - Force Index
This indicator is based on Dr Alexander Elder ForceIndex indicator with relate price to volume by multiplying net change and volume.
- GREEN Bar indicates Bull is in control
- RED Bar indicates Bear is in control.
LENGTH of the bar indicate the strength of Bull or Bear.
Normally there's potential BUY if the RED bar turned GREEN and SELL if GREEN to RED.
2 - Stochastic momentum
Stochastic momentum is to detect potential Reversal where BLUE bar will appear if :-
- Oversold - Stochastic less than 35
- Closing price is higher than last 2 High (Fast Turtle)
// Note : Best use with "EMA Indicators with BUY sell Signal"
Hersheys Volume Pressure v1Hersheys Volume Pressure gives you very nice confirmation of trend starts and stops using volume and price.
For up bars...
If you have a large price range with low volume, that's very bullish.
If you have a small price range with low volume, that's bullish.
For down bars...
If you have a large price range with low volume, that's very bearish.
If you have a small price range with low volume, that's bearish.
Look at the chart and you'll see how trends start and end with a PINCH and widen in the middle of the moves.
Hersheys Volume Pressure is unique, in that it measures bull/bear pressure on each bar by itself. Other volume indicators like On Balnce Volume and Price Volume Trend use cumulative differences in the current and previous bar to show trends.
You can set the moving average period, 14 is the default.
Good trading!
Brian Hershey
Murrey Math Extremes ComparatorHOW IT WORKS
Creates two murrey math oscillators (hidden) one with 256 length another with 32 length and compare each other.
WHAT GIVE ME THIS SCRIPT
The script can give you very valuable information:
- Main Trend
- Pullbacks detections
- Extreme overbought oversold prices alerts
- Divergences
- Any timeframe usage
REFERENCES OF USAGE
Main Trend Indications
****The main trend is indicated with green(bull) or red(bears) small "triangles" on the bottom(bull) or the top(bears) of the chart.
*****To detect the Bull/Bear major trend the script use 256 murrey, if > 0 (green) we are uptrend in other cases we are downtrend
Pullback detection
****The pullbacks are indicated with Green(bull) or red(bears) medium "Arrows"
*****To detect pullbacks the system compare the long term murrey with the short term murrey, if long term is Green(green triangles)
*****so we are in a main bull trend, if the short term murrey make an extreme low then the pullback is indicated
*****The same for the short pullback, if long term murrey is RED and we have an extreme green short term murrey we shot a red arrow
Extreme Overbught/Oversold
****The extreme OO is indicated with fancy diamonds
*****To detect the Extremes price movements we combine the two murrey, if Long Term Murrey is overbought and short term murrey too
*****Then the diamond show on the screen obove or below based on the extreme if overbought or oversold
Strategy Resume:
Triangles indicate Major Trend Up/Down
Arrows Indicate Continuation pullbacks
Diamonds Indicate Extreme Prices
GUIDE HOW TO IMAGES
How it's works Behind Scene
MWho is in ControlWho is in Control.
This study shows who is in control by showing just the Bull side, the Bear side or a combined view. This study follows the same philosophy of simplicity I try to use as much as possible in my studies. The least number of parameters and as understandable as possible.
Len : length of the period
Signal : Signal to show change of trend
Disp Bull : Display/Hide Bull Side
Disp Bear : Display/Hide Bear Side
Disp Differential : Display/Hide the differential between Bulls and Bears.
: Volume Zone Oscillator & Price Zone Oscillator LB Update JRMThis is a simple update of Lazy Bear's " Indicators: Volume Zone Indicator & Price Zone Indicator" Script. PZO plots on the same indicator. The horizontal plot lines are taken primarily from two articles by Wahalil and Steckler "In The Volume Zone" May 2011, Stocks and Commodities and "Entering The Price Zone"June 2011, Stocks and Commodities. With both indicators on the same plot it is easier to see divergences between the indicators. I did add a plot line at 80 and -80 as well because that is getting into truly extreme price/volume territory where one might contemplate a close your eyes and sell or cover particularly if confirmed at a higher time frame with the expectation of some type of corrective move..
The inputs and plot lines can be edited as per Lazy Bear's original script and follows the original format. Many thanks to Lazy Bear.
1H Bias - Day Trade FilterThis indicator is intended for the use of two screens 15M and 5M. It will indicate with a green arrow at 8:30 AM central to look bullish or a red arrow at 8:30 AM central to look Bearish. This indicator is based on the 1H chart having price over the 200 MA and the 20 MA above the 50 MA.
Look for pullbacks on the 15M to key areas of support or resistance.
Look for a break of structure entries or pullback entries on the 5M chart.
Green Arrow = Look Bullish on this chart today.
Red Arrow = Look Bearish on this chart today.
X = Do not trade this chart today.
Weekly Regime Filter - Trend + Momentum + Structure (MTF)A multi-timeframe weekly regime indicator that classifies market conditions into BULL , BEAR , or CHOP using three components: trend, momentum, and market structure.
Works on any timeframe while always referencing weekly data — no repainting.
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🎯 WHAT IT DOES
Answers one question: What is the weekly regime?
• Trend — EMA hierarchy (Price > EMA Fast > EMA Slow)
• Momentum — DI+ vs DI- with optional ADX filter
• Structure — Break of Structure (BOS) and Change of Character (CHOCH)
BULL = All three bullish
BEAR = All three bearish
CHOP = Mixed signals
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⚡ KEY FEATURES
• Multi-Timeframe (MTF) — View on 1H, 4H, Daily; regime stays consistent
• Auto-Detect Asset Type — Automatically applies optimized settings for Crypto, Stocks, Forex, Gold, Silver, Oil, Commodities
• BOS/CHOCH Labels — Visual market structure breaks on chart
• Live Status Panel — Shows regime, components, and active parameters
• Non-Repainting — Uses confirmed weekly closes only
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📊 ASSET PRESETS
• Crypto — EMA 50/200, ADX Off, Pivot 2
• Stocks/Indices — EMA 50/200, ADX >20, Pivot 3
• Forex — EMA 30/100, ADX >25, Pivot 2
• Gold — EMA 40/150, ADX >20, Pivot 3
• Silver — EMA 40/150, ADX >22, Pivot 3
• Oil — EMA 30/100, ADX >25, Pivot 2
• Commodities — EMA 40/120, ADX >20, Pivot 3
Select "Custom" to use your own values.
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📈 HOW TO USE
For Swing Trading:
• Set chart to Daily
• Use Auto-Detect or select preset
• Long only when BULL, short only when BEAR
• Reduce size or avoid when CHOP
Structure Signals:
• CHOCH ↑ after bear regime = Early reversal signal
• CHOCH ↓ after bull regime = Tighten stops
• BOS in regime direction = Trend continuation
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🔔 ALERTS
• Regime → BULL
• Regime → BEAR
• CHOCH → Bull
• CHOCH → Bear
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⚙️ SETTINGS
Preset: Auto-Detect, Crypto, Stocks, Forex, Gold, Silver, Oil, Commodities, Custom
Custom Settings (when Custom selected):
• EMA Fast/Slow lengths
• ADX Length & Threshold
• ADX Filter toggle
• Pivot Left/Right
Display:
• Plot Weekly EMAs
• Show BOS/CHOCH Labels
• Show Regime Background
• Background Opacity
• Show Status Label
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📝 NOTES
• Needs ~200 weeks of history for full calculation
• Weekly signals are slower by design — filters noise
• Not a standalone system — combine with entries and risk management
• When using presets, Custom input fields won't visually update (Pine limitation) — status label shows actual values
Gold Profit Target SystemGOLD PROFIT TARGET SYSTEM
Track Real Profits, Exit With Confidence
Best on Daily or Weekly - copy and mod as you see fit. Have fun!
WHAT THIS INDICATOR DOES:
This indicator tracks your gold position from entry and shows color-coded profit targets as the price rises. Instead of guessing when to exit, you see exact profit levels in real-time: 1%, 2%, 3%, 4%, 5%, 10%, 15%, 20%, 25%, and 25%+.
Simple concept: BUY on the signal, SELL at YOUR chosen profit level.
HOW IT WORKS - 3 SIMPLE STEPS:
STEP 1: Wait for BUY Signal
• Green triangle (▲) appears below the composite line
• Triggered when inverse assets (DXY, rates, etc.) show strong correlation and are falling
• Entry price is automatically recorded
• Position tracking begins
STEP 2: Watch Profit Targets Appear
• As gold rises, color-coded symbols appear above the composite line
• Each symbol represents a profit milestone
• The info table shows your current profit
• You decide when to exit based on YOUR target
STEP 3: Exit at Your Chosen Level
• Conservative? Exit at 5-10%
• Moderate? Exit at 10-15%
• Aggressive? Hold for 20%+
• The indicator just shows the levels - YOU make the call
THE COMPOSITE LINE - WHAT IT MEANS:
The main line is a weighted composite of inverse-correlated assets:
• DXY (US Dollar Index)
• Real Interest Rates (10Y TIPS)
• US 10-Year Treasury Yield
• US 2-Year Treasury Yield
• Bitcoin (optional)
• Copper (optional)
Line Position:
• Below -30 (Bright Green): Very strong inverse correlation - excellent BUY conditions
• Below 0 (Green): Inverse correlation present - moderate BUY conditions
• Above 0 (Red): Inverse assets rising - neutral to bearish
• Above 30 (Bright Red): Strong inverse rally - bearish for gold
What Causes BUY Signals:
When the composite line is negative (inverse assets falling) AND shows strong correlation (>0.3), this suggests gold is likely to rise. The indicator records your entry and begins tracking profits.
COLOR-CODED PROFIT TARGETS:
EARLY PROFITS (Green Circles):
• 1% - Very Light Green (#c8e6c9) - First confirmation
• 2% - Light Green (#a5d6a7) - Building profit
• 3% - Green (#81c784) - Good profit
• 4% - Medium Green (#66bb6a) - Strong profit
• 5% - Dark Green (#4caf50) - Solid profit!
EXCELLENT PROFIT (Yellow Diamond):
• 10% - Yellow (#ffd54f) - Double digits, excellent trade!
OUTSTANDING PROFIT (Orange Diamonds):
• 15% - Orange (#ffb74d) - Exceptional profit, consider partial exit
EXCEPTIONAL PROFIT (Red Diamonds):
• 20% - Light Red (#ff8a65) - Rare territory, strong exit consideration
• 25% - Red (#f44336) - Extraordinary profit, very rare!
PEAK PROFIT (Purple Star):
• 25%+ - Purple (#9c27b0) - Once in a blue moon! The home run trade!
STOP LOSS (Red X):
• Default -5% - Protection against losses
• Position auto-resets if stop is hit
THE PROFIT BAR (Histogram):
Below the composite line, you'll see a colored histogram when in position:
Bar Color = Your Current Profit Tier
• Light green bar = 1-2% profit
• Green bar = 3-5% profit
• Yellow bar = 10% profit
• Orange bar = 15% profit
• Red bar = 20-25% profit
• Purple bar = 25%+ profit
• Red negative bar = Currently at a loss
Bar Height = Current Profit %
The taller the bar, the larger your profit. Negative bars extend downward when you're at a loss.
THE INFORMATION TABLE:
The table (top-right by default) shows everything at a glance:
Position: ✓ IN (green) or ✗ OUT (gray)
Shows whether you're currently holding a position
Entry Price: Your recorded buy price
Example: 2,100.50
Current Price: Gold's current price
Example: 2,142.75
Current P/L: YOUR PROFIT %
This is the most important metric - shows exactly how much you're up (or down)
Color matches your current profit tier
Example: +2.01% in light green
Profit Tier: Current milestone reached
Shows which profit level you've hit: "1%", "2%", "5%", "10%", etc.
Next Target: The next profit level to watch
Tells you what milestone is coming up next
Bars Held: How long you've been in the trade
Helps track holding time
Composite: Current correlation strength
Shows the underlying composite correlation value
REFERENCE LINES:
Zero Line (Gray):
The center line. Above = bearish for gold, Below = bullish for gold
Strong Bull Line (Green dashed at -30):
When composite crosses below -30, very strong BUY conditions
Strong Bear Line (Red dashed at +30):
When composite crosses above +30, strong bearish conditions
BACKGROUND SHADING:
Very Light Green Background:
You're in profit (position open and above entry price)
Very Light Red Background:
You're at a loss (position open and below entry price)
No Background:
No position currently open
SYMBOLS ON CHART:
▲ Green Triangle Below Line: BUY SIGNAL
Enter long position here. Entry price recorded.
● Small Green Circles Above Line: 1-5% Profits
Early profit targets. Light green to dark green progression.
◆ Diamonds Above Line: 10-25% Profits
Major profit milestones. Yellow → Orange → Red progression.
★ Purple Star Above Line: 25%+ Profit
The holy grail! Peak profit achieved.
✖ Red X Below Line: STOP LOSS HIT
Trade went against you. Position resets (if auto-reset enabled).
PROFIT-TAKING STRATEGIES:
Strategy 1: Fixed Target (Simple)
Pick one target (e.g., 10%) and always exit there.
Best for: Beginners, disciplined traders
Strategy 2: Scaled Exit (Advanced)
Exit in portions:
• 5% profit → Sell 25%
• 10% profit → Sell 25% (50% total out)
• 15% profit → Sell 25% (75% total out)
• 20%+ profit → Let final 25% ride
Best for: Risk management, maximizing upside
Strategy 3: Trailing Stop
• Hit 10%? Set stop at 5%
• Hit 15%? Set stop at 10%
• Lock in profits while letting winners run
Best for: Trend followers, bull markets
Strategy 4: Adaptive
• Strong uptrend → wait for 15-20%
• Choppy market → exit at 5-10%
• Weakening trend → exit at any profit
Best for: Experienced traders
SETTINGS YOU CAN CUSTOMIZE:
Profit Target Levels:
Change any profit % to match your strategy
• Conservative: Lower targets (0.5%, 1%, 2%, 3%, 5%)
• Aggressive: Higher targets (2%, 5%, 10%, 20%, 30%)
Assets to Include:
• Enable/disable Bitcoin
• Enable/disable Copper
• Toggle which inverse assets to track
Display Options:
• Show all targets or just current tier
• Show/hide profit bar
• Show/hide composite line
• Move table position
Stop Loss:
• Set your risk tolerance (default 5%)
• Enable/disable auto-reset on stop loss
Correlation Periods:
• Adjust for your timeframe
• Hourly: 14/30/60
• Daily: 20/50/100
• Weekly: 10/20/50
ALERTS AVAILABLE:
Set alerts for any profit milestone:
Critical Alerts:
• "BUY Signal" - Entry notification
• "5% Profit Target" - First major milestone
• "10% Profit Target" - Decision point
• "Stop Loss Hit" - Risk protection
Optional Alerts:
• 1%, 2%, 3%, 4% - Early confirmations
• 15%, 20%, 25% - Major milestones
• Individual levels for your strategy
BEST TIMEFRAMES:
Daily Chart (Recommended):
Best for swing traders holding 3-10 days
Use default settings (20/50/100 periods)
Target 5-15% profits
4-Hour Chart:
Good for active swing traders
Adjust periods to 14/30/60
Target 3-10% profits
Hourly Chart:
For day traders and scalpers
Use shorter periods (14/30/60)
Target 1-5% profits
Adjust profit levels lower (0.5%, 1%, 2%, 3%)
WHY THIS INDICATOR IS DIFFERENT:
Most indicators tell you WHEN to enter.
This one tells you WHEN TO EXIT with profit.
Most indicators use vague signals.
This one shows EXACT profit percentages.
Most indicators leave exit decisions to you.
This one gives CLEAR, COLOR-CODED milestones.
Most indicators don't track your P/L.
This one shows your profit in text you can't miss.
QUICK START GUIDE:
1. Add indicator to gold chart (XAUUSD, GLD, GC1!)
2. Wait for green triangle (▲) BUY signal
3. Watch your profit grow in the table
4. Exit when you hit YOUR target (5%, 10%, 15%, etc.)
5. Repeat
That's it. Simple. Effective. Profitable.
IMPORTANT NOTES:
• This is for LONG positions only - not for shorting gold
• Position tracking begins only after a BUY signal
• The indicator shows levels - YOU decide when to exit
• Always use stop losses (default 5% is reasonable)
• Past performance doesn't guarantee future results
• Not financial advice - use for educational purposes
PRO TIPS:
Tip 1: Don't get greedy - 10-15% is an excellent profit for most trades
Tip 2: Purple stars (25%+) are RARE - don't wait for them on every trade
Tip 3: The profit bar color change is your visual cue - green→yellow→orange→red
Tip 4: Combine with resistance levels - "10% profit + resistance = exit"
Tip 5: Set alerts for YOUR target level so you never miss it
Tip 6: The giant P/L number in the table removes emotion from decisions
EXAMPLE TRADE:
Day 1: ▲ BUY signal at $2,100
Table shows: Position ✓ IN | Entry: 2,100
Day 2: Current P/L: +1.8%
First green circle appears (1% target hit)
Table tier: "1%"
Day 4: Current P/L: +5.2%
Dark green circle appears (5% target hit)
Profit bar is dark green
Decision point: Exit 50% here?
Day 7: Current P/L: +10.5%
Yellow diamond appears (10% target hit!)
Table shows: +10.5% in yellow text
Decision point: Exit remaining 50%?
Result: Average exit ~7.5% over 7 days. Excellent swing trade!
WORKS ON:
• Gold Spot (XAUUSD)
• Gold Futures (GC1!)
• Gold ETFs (GLD, IAU)
• Any gold instrument
Inverse Assets Tracked:
• DXY (US Dollar Index)
• Real Interest Rates (TIPS)
• US Treasury Yields (2Y, 10Y)
• Bitcoin (optional)
• Copper (optional)
THE BOTTOM LINE:
Stop guessing when to take profits.
Start SEEING your profit levels in real-time.
The indicator shows you the targets.
YOU choose when to cash out.
That's YOUR edge.
Developed for traders who want clear, actionable profit targets instead of vague signals.
